While many studies have been devoted to capital accumulation and rate of profit, the article empirically characterises the financialization at the level of firms' liability, i.e. at the level of debt and equity. In particular, the determinants of non financial firms' indebtedness and equity...

The absence of specifically dedicated method to represent financialized capitalism constitutes a significant gap in contemporary macroeconomic modelling considering the impact of finance on the rules of wealth production and distribution. From both the lessons of Regulation theory in terms of...

While many studies have been devoted to capital accumulation and rate of profit, the article empirically characterises the financialization at the level of firms' liability, i.e. at the level of debt and equity. In particular, the determinants of non financial firms' indebtedness and equity...

This topical book addresses unemployment in Europe, the wrong-headed reliance on NAIRU to formulate policy, distributional conflicts and financial factors, as well as problems faced in developing countries with respect to exchange rate policy, central banking, challenges to growth, and...

The evolution of firms' investment behavior is interpreted by heterodox theories as the resultant of the financialization of the accumulation regime. The French School of Regulation thus introduces the notion of patrimonial capitalism. The strategies of productive and financial investments, and...

The article examines the sensibility of economic growth to macroeconomic volatility, and the impact of financial development on volatility for a sample of 85 countries and OECD countries over two periods covering 1975 to 2006. In that purpose, we implented nonstationary panel techniques that...

The article examines the sensibility of economic growth to macroeconomic volatility, and the impact of financial development on volatility for a sample of 85 countries and OECD countries over two periods covering 1975 to 2006. In that purpose, we implented nonstationary panel techniques that...

Since the early eighties, the emergent economies, as the majority of the OECD members have implemented a broad financial liberalization process. The changes occur in coordination mode related to the liberalization were accompanied by a strong banking instability which reveals the major role...

Les institutions ont longtemps été tenues à l'écart du paradigme dominant en économie. Elles ont fait apparemment un retour triomphal dans les discours et les travaux académiques après les échecs des politiques d'austérité menée par les institutions de Bretton Woods durant les...